A Bugged Life

There are so many new electronic gadgets on the market every year that, if you love to keep up with technology, you can end up spending a lot of money. It was anticipated that consumers in the United States would spend 5 per person on new electronic devices in 2012, which was a nine percent increase from the previous year, according to NPD. That’s a big chunk of money and, if you are on a budget, it can be impossible to get all the electronics you want or need without overspending. But that doesn’t mean that you have to go without electronics in order to stay within your budget.

When it comes to running a successful business, no one has a crystal ball that predicts the future of the industry. What you do have is the ability to use data from a number of sources to gather information that will allow you to make an educated prediction about the future health of your business. Today there are more sources of information available than ever before that can be used to make these predictions. The key is to know which information to use and how to use it in order to make the forecast you need for your respective industry. Below are five ways to find and use data to predict where your industry is heading.